Heartland Express (HTLD) : 5 investment research analysts covering Heartland Express (HTLD) have an average price target of $16.6 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $15 for the short term. Analysts expect the variance to be within $1.52 of the average price.
Heartland Express (HTLD) : The consensus on Heartland Express (HTLD) based on 9 analyst recommendation on the company stock is 3.81, which is interpreted as a Sell recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 4 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Also, Morgan Stanley maintains its view on Heartland Express (NASDAQ:HTLD) according to the research report released by the firm to its investors. The shares have now been rated Underweight by the stock experts at the ratings house. Morgan Stanley lowers the price target from $17 per share to $16 per share on Heartland Express . The rating by the firm was issued on August 1, 2016.
Heartland Express (NASDAQ:HTLD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.04 and $18.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.17, notching a gain of 0.74% for the day. The total traded volume was 347,141 . The stock had closed at $19.03 on the previous day.
Heartland Express, Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa, Gordon Trucking, Inc., (GTI), Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., and A & M Express, Inc. The Company, together with its subsidiaries, is a short-to-medium haul truckload carrier of general commodities. The Company provides transportation services across the United States and parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and also offers truckload temperature-controlled transportation services and non-asset based brokerage services. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The Company operates around 21 terminal facilities throughout the United States.